The Best Choice for Rental Business

WRMS

WRMS is the only enterprise IT solution specifically designed for the rental business.
The top IT experts have transformed Woongjin's over 30 years of expertise in the rental business
into the ultimate solution.

The most widely used Enterprise IT solution, WRMS

WRMS is a solution for rental businesses that embodies K-Rental's know-how in a systematic form. It has been ad
opted by leading rental brands across Korea. Leveraging our extensive data, our clients are poised to create the next
generation of business value.

A Comprehensive Solution for Complex Rental Businesses

WRMS provides powerful core modules for seamless rental operations.

WRMS Core Modules

WRMS provides a stable system, designed based on the standard processes of the rental business: sales, collection,
service, procurement, logistics, asset management, and fee management. WRMS is developed with advanced
technical capabilities, built upon rich experience and incorporating the principles of ERP.

WRMS Core Modules

Master

Manage every information
about product, price,
organizations and more.

ORDERS

Manage/place all orders
from different sales
channels.

CONTRACT

Manage and record all
contract changes during
contract period.

BILLINGㆍPAYMENT

Manage accounts receivable
efficiently through the
integration of processes.

SERVICE

Manage customer services,
such as installation, A/S,
and Regular inspection.

LOGISTICS

Optimize logistic
operation to save time
and costs.

ASSET

Track and manage asset
status from purchase
to sales.

COMMISSION

Manage and settle
commissions under
systematic management.

ORGANIZATION

Manage organization,
employees, training
and more.

Select only the modules necessary for your business

WRMS is a system that can be applied to any industry by selecting only the necessary modules, and it is specialized for rental/subscription models.

Rental/Subscription Business Consulting

We provide comprehensive analysis to assess the feasibility and potential success of your rental/subscription busi
ness. This includes evaluating the rental products or subscription services you plan to sell, and providing tailored
consulting at the initial stage.

Providing Business Consulting Services through Rental Experts

1. Market analysis of product groups of each business and product BEP
2. Business BEP according to monthly sales volume
3. Present step-by-step construction plan and introduction strategy tailored to the business
4. Providing online, offline and free/paid consulting
5. Judging business feasibility such as the size of working capital for stable business
6. Support for entry into and expansion of rental or subscription business models

Convergence Business System, FIENETAL with Finance, Insurance, and Rental

To address the financial challenges in the rental business, Finental provides a system that links the core of rental IT
with finance factoring. This ensures smooth rental business operations and financial stability by eliminating delin
quency risks through the use of credit insurance.

Advantages

1. Easy financial support process through factoring and insurance linkage
2. Increase sales by securing available funds through factoring products
3. Improve financial structure recognizing 100% revenue through simplification of sale structure
4. Active sales expansion by eliminating the risk of insolvency of bonds
5. No need to manage receivables after claiming insurance / Efficient bond management
6. Effects of tax reduction with insurance premium listed as an expense
      (treated partially as losses for the amount of write-off of NPLs)

WRMS : Your Cross-Industry Solution

WRMS is a versatile and scalable solution designed to meet the unique needs of various industries. Whether you're
expanding new business, diversifying your sales channels, or adopting new sales strategies, WRMS provides the tools
and support you need to drive growth.

  • E-mail : jhyang@woongjin.com

References

See how our clients achieved a successful digital business with WRMS Learn More
  • Global Rental Company, S Overseas Rental System Implementation
    [Project Overview]
    Global Rental Company S implemented a rental system for its overseas branches within 3 months, established the foundation for sustained growth through market expansion and secured competitiveness in the global market. With WRMS, the company has developed a rental process tailored to the local business environment, creating a system capable of responding to the demands of the overseas market.

    [Significance]
    - Established the foundation for sustained growth through market expansion
    - Secured competitiveness in the international market
  • Medical Appliance Company, C WRMS Implementation
    [Project Overview]
    Medical appliance company C has firmly established its presence in the rental market, expanding to 110 stores in just one year through aggressive marketing. To diversify its business area into health foods and cosmetics, the company has integrated SAP ERP with its sales system for comprehensive sales management. Additionally, the company developed a flexible system, enhancing mobile user convenience.

    [Significance]
    - Enabled flexible business expansion
    - Enabled both face-to-face and contactless sales, and the handling of various sales channels.
  • Rental Company, K B2B Sales Rental System Implementation
    [Project Overview]
    By implementing WRMS, the B2B sales rental service system has been standardized, ensuring flexibility and scalability for future stable system operations.

    [Significance]
    - Applied a rental system in the construction equipment and container sectors for the first time in Korea